Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, February 20, 2026

918 head sold ·Official USDA report

This is an archived report. See the latest Lexington Livestock Market report →

light 8-weight M&L 1 steers $376.30/cwt -6.11 vs last sale · ≈ $3,062/hd at 814 lb · 128 head
light 7-weight M&L 1 heifers $381.24/cwt -1.45 vs last sale · ≈ $2,733/hd at 717 lb · 114 head
light 9-weight M&L 1 steers $346.13/cwt -13.87 vs last sale · ≈ $3,212/hd at 928 lb · 113 head
HeadThis saleLast saleLast year
Total receipts 918 3,855 1,306
Feeder cattle 918 3,855 1,306

On a thin test with last week steers over 650 lbs sold unevenly steady and heifers 550-800 lbs sold steady to 5.00 higher. Demand was good from the buyers in the crowd.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
662–677 670 24 437.00–443.00 $439.97 $2,948 +4.18
732–737 734 42 409.00 $409.00 $3,002 -4.66
765 765 27 390.50 $390.50 $2,987 -1.28
801 801 58 368.00 $368.00 $2,948 -14.41
821–825 824 70 368.00–386.00 $383.18 $3,157 +0.77
863 863 25 348.50 $348.50 $3,008 -5.45
908–940 928 113 344.00–350.00 $346.13 $3,212 -13.87
979 979 24 326.50 $326.50 $3,196
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
568–594 587 26 448.00–452.00 $448.89 $2,635
646 646 24 435.00 $435.00 $2,810 +8.43
736 736 10 371.00 $371.00 $2,731
781 781 18 366.00 $366.00 $2,858

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
557 557 27 455.00 $455.00 $2,534 +7.50
603–641 629 27 415.00–430.00 $420.07 $2,642 +0.06
675 675 24 404.00 $404.00 $2,727 +5.36
701–731 717 114 370.00–392.00 $381.24 $2,733 -1.45
761–784 782 92 355.50–368.00 $356.69 $2,789 +3.75
842 842 9 330.00 $330.00 $2,779 -13.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
775 775 70 3,025.00 $3,025.00 -338.05
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
606 606 10 400.00 $400.00 $2,424 +7.00

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What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.